Cheam Common Road, Worcester park, Surrey, KT4 8RW £440,000

INVESTMENT OPPORTUNITY: A Freehold shop For Sale with current A3 class use extended to the ground floor with a one bedroom first floor flat with own private entrance above (currently vacant). Location: The property is positioned fronting Cheam Common Road just off the A24 London road in North Cheam fronting a busy thoroughfare. Cheam Common Road is a main road link between North Cheam and Worcester Park which benefits from a good deal of passing traffic. Description: The property comprises a two storey Freehold semi detached building with a 76m2 A3 restaurant on the ground floor with commercial kitchen to rear currently tenanted for £16'500 rent per annum. The first floor is a one bedroom apartment with own private entrance in need of up-dating but £850 pcm rent achievable totalling £26'700 per annum for the Freehold or 6.5% return Use/Planning: We understand the property falls within Class A3 (Restaurant and cafes)
FEATURES
Freehold Shop & One Bed Flat
North Cheam Location
Investment Opportunity
Shop at £16'500 Rent P.A.
Flat Est Rent £10'200 P.A.
Flat Needs up-Dating
76m2 Restaurant
Prominent Location

FLOORPLANS Click to enlarge